Dean Foods ( DF) Shares of Dean Foods moved nearly 12% higher Thursday on the heels of a successful note sale at the company. The deal helped the company retire debt and push its rating from negative to stable, according to Standard & Poor's. Prior to the deal, the company was on the verge of violating debt covenants. Those balance sheet problems shaved 50% off Dean's market cap in 2010. The big move yesterday may be just the start as shares of Dean Foods are cheap relative to earnings. The company is expected to make 79 cents in the year ending in December. Next year, that number grows to 85 cents. That growth is nothing to write home about but is more than enough to support the current share price and beyond. I would use the fact that shares are trading above the 200-day average as of Thursday to take a long position in the stock. To see these stocks in action, check out my 200-day Moving Average Stocks portfolio. -- Written by Jamie Dlugosch in Minneapolis.